Quantity of Subscriptions to Economics Statistics Apps per Year Quantity of Subscriptions to Office Productivity Apps per Year Total Utility (utils) Total Utility (utils) 30 600 2 50 2 1,100 3 60 3 1,500 4 68 4. 1,800 2,000 2,100 72 75 Refer to the above table and assume that each year this consumer buys only annual subscriptions to economics statistics apps and subscriptions office productivity apps. The price of a subscription to each type of economics statistics app is $2, and the subscription to each office productivity app is $60 per year. If the consumer's available income is $64 por year, the consumer will purchase economics statistics app(s) and office productivity app(a). if the consumer's available income rises to $246, what will be the new combination of economics statistics apps and productivity apps? economics statistics app(s):and office productivity app(s):
Quantity of Subscriptions to Economics Statistics Apps per Year Quantity of Subscriptions to Office Productivity Apps per Year Total Utility (utils) Total Utility (utils) 30 600 2 50 2 1,100 3 60 3 1,500 4 68 4. 1,800 2,000 2,100 72 75 Refer to the above table and assume that each year this consumer buys only annual subscriptions to economics statistics apps and subscriptions office productivity apps. The price of a subscription to each type of economics statistics app is $2, and the subscription to each office productivity app is $60 per year. If the consumer's available income is $64 por year, the consumer will purchase economics statistics app(s) and office productivity app(a). if the consumer's available income rises to $246, what will be the new combination of economics statistics apps and productivity apps? economics statistics app(s):and office productivity app(s):
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
Section: Chapter Questions
Problem 1SCQ: Jeremy is deeply in love with Jasmine. Jasmine lives where cell phone coverage is poor, so he can...
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